Paying top dollar

for your diamonds since 1980

    Contact Us Today





    Nearly 2,000 Gold Coins Found off Coast of Israel

    Posted on February 19th, 2015 by Joe G

    A priceless collection of nearly 2,000 gold coins was discovered off the coast of Israel — the largest treasure ever found in that country.

    Scuba divers discovered the coins, originally thinking they were toy coins from a game. Once they realized that they were in fact real, they got other members of their diving club to help them fish out the rest. In all, the collection weighs nearly 20 pounds.

    The coins are in a variety of denominations, and were circulated by the Fatimid Caliphate, who ruled much of the Middle East and Northern Africa, from 909 to 1171.

    So how did the coins get there? Among speculations are theories of a shipwrecked treasury boat on its way to Egypt or a merchant ship that traded with cities along the Mediterranean Sea.

    The Israeli Antiquities Authority plans to carry out more excavations in the area in hopes to discover the true origin of the treasure. It also declined to put a cash value on the find.

    Courtesy of The Guardian

    ← Back

    Customer Testimonial

    Had a Great Experience

    I have dealt in coins and metals since the 80s. Had dealings with many dealers. Got scammed by a few. Chicago Gold is the only one I would recommend to my family or friends. Have your valuables appraised by them before you sell.


    Date: 05/12/2022 • 5 / 5 stars ★★★★★

    Awesome place!

    What a super knowledgeable gemologist. After all that experience also they are soooo willing to help and answer all the questions I had. Excellent experience. They went above and beyond for me. Highly recommended. Super trustworthy.


    Date: 01/20/2022 • 5 / 5 stars ★★★★★

    I'll be back

    Cashed in some silver coins and received a very fair exchange. Joe and Chris, were very friendly, and comfortable to deal with. Came back with some jewelry, and received a rough appraisal...again no pressure.


    Date: 11/15/2021 • 5 / 5 stars ★★★★★

    I would do business with them again

    I found the Chicago Gold Gallery to be a very honest and reputable shop. I would highly recommend this store to anyone buying and selling their possessions.


    Date: 05/01/2021 • 5 / 5 stars ★★★★★

    How to Reach Us?

    Get Directions

    Contact Us

    Get the most for your valuables.

    1236 W. Devon Avenue
    Chicago, IL 60660

    Phone: 773-338-7787 Email: chgogoldgallery@aol.com

    Hours: Mon- Fri: 10:15am-6pm, & Sat: 10:15am-5:00pm

    Especially Wanted

    • Gold & Silver Coins
    • Bullion Gold, Silver, & Platinum
    • Scrap & Old Gold
    • Sterling Silverware
    • Dental Gold
    • Coins & Coin Collections
    • Franklin Mint
    • Collectibles
    • Rare Coins
    • Antique & Modern Jewelry
    • Diamonds
    • Watches - Rolex, Patek Philippe
    • Broken Jewelry
    • Tiffany & Company - Cartier
    • Vintage & Modern Guitars